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Home CryptoCurrencies

What Is Nabob (NABOB)? Complete Guide & Review About Nabob

Verna by Verna
June 11, 2022
in CryptoCurrencies
Reading Time: 6 mins read
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What Is Nabob (NABOB)? Complete Guide & Review About Nabob
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What Is Nabob (NABOB)?

Nabob provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique Nab protocol. The Auto-Staking Protocol (Nab for short) is a new financial protocol that makes staking easier, more efficient and awards token holders the highest stable returns in crypto. Nabob is a company focused on DeFi innovation that creates benefits and value for Nabob token holders.

Nabob Storage Key Points

Coin BasicInformation
Coin NameNabob
Short NameNABOB
Circulating Supply 100.00B NABOB
Max Supply100,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

NABOB Price Live Data

The live Nabob price today is $0.001068 USD with a 24-hour trading volume of $9,250.43 USD. They update the to USD price in real-time. This is up 5.75% in the last 24 hours. The current CoinMarketCap ranking is #5160, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000 NABOB coins.

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If you would like to know where to buy Nabob at the current rate, the top cryptocurrency exchange for trading in Nabob Coin stock is currently PancakeSwap (V2). You can find others listed on crypto exchanges page.

A Sustainable Auto-Staking, Compounding & Burning Protocol

They provides a decentralized financial asset which rewards users with a sustainable fixed compound interest model through use of it’s unique Nab protocol.

A Robust AutoStaking system.

Nabob Token

Nabob is the native token for Staking incentives. Tax distribution benefits every token holder in. merely for holding tokens.

Auto Compounding

Every $Nabob Transaction is Taxed a 10% Fee. which is split between all holders and is being Auto-Compounded in their Wallets.

Nabob Insurance Fund

Nabob Coin Insurance Fund is a 1000BNB backup fund. This helps the DAO in case the token price drops dramatically. to reassure investors.

Nabob Chimney

1% of entire $Nabob supply was burned during launch. With each trade, more $Nabob are automatically added to the chimney, creating a token scarcity.

NABOB Token

$NABOB is a Bep20 token which rewards its holders with automatic passive interest payments every 1 minutes over the lifespan of 20 years until the maximum supply of 100,000,000,000 tokens has been reached.

Is NABOB just another Titano Fork?

The entire protocol’s smart contract was written and developed from scratch from own competent group of developers. It does not contain any resemblance to Titano’s code or operation as NABOB works on a completely new set of mechanics which allows for complete protocol sustainability.

They also have several proprietary mechanisms in place that we have created ourselves which offers many improvements over our competition such as; the Auto-Liquidity Engine (NALE), the Insurance Fund (NIF), the Longterm Interest Cycle (LIC), aswell as safeguards in place which secure against malicious hack attempts.

The tokenomics are also completely unique with the Auto-Burn Fire Pit structure, minimal starting supply and lower 1 minute Epoch’s for a much more linear APY progression of attainability.

Why Choose Nabob?

With Auto burn program, 2 percent of total circulating supply is burned automatically first at initial launch and subsequently the remaining allocated percentages after burn token unlock, ensuring that Nabob’s total supply is continually deflating in comparison to your balance, while your balance is always expanding in comparison to Nabob’s total supply. This built-in mechanism gives the Nabob token a true supply/demand gauge as it gets increasingly rare against your balance over time.

Simply said, if you simply hold Nabob, your part of the overall market cap will continue to grow. Even if the market cap does not increase, the USD worth of the tokens in your wallet will increase. Thus, simply by carrying Nabob in your wallet, you will benefit from the exponential benefits of the triple effect:

  1. 1.Your token value grows per minute, compounding to 433,025% APR.
  2. 2.More token growth when you participate in FARM (1104.235% APR)
  3. 3.Your total token worth in USD will increase as your shares/total market cap as a result of the Auto burn of total supply.
  4. 4.Nabob’s market capitalization increases when new investors join, yet your shares/total market capitalization does not decline but continues to grow, implying that your total token worth in USD will continue to increase.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

Tags: How It Work NabobHow To Buy NabobNabob CoinNabob Review
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Verna

Verna

One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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